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12 USC § 931 - Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624

---
identifier: "/us/usc/t12/s931"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 931 - Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "931"
section_name: "Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624"
chapter_number: 7
chapter_name: "DISTRICT ORGANIZATIONS UNDER SUPERVISION OF FARM CREDIT ADMINISTRATION; FARM CREDIT DISTRICTS AND FARM CREDIT BOARDS"
subchapter_number: "I"
subchapter_name: "Amendments to Chapter"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---

# § 931. Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624

Section, acts , title I, § 26, ; , , , exempted land banks and land bank associations from taxation and directed that mortgages and bonds be deemed instrumentalities of government. See .